Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
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5 Minutes min read

Updated: 2nd July 2024

Who are CashASAP?

CashASAP is a specialist short term loan provider, offering access to payday loans and multi month loans. They are a trading name of APFIN Ltd and are based in London, providing online access to loans with a responsible approach.


What loans are available from CashASAP?

There are two loan options to choose from. The first is a payday loan that allows you to borrow between £200 and £300. They also have a multi-month loan that offers loans between £200 and £750. New customers are able to apply for loans up to £400.

How do their repayment schedules work?

You can repay the payday loan on any day you wish within 35 days of receiving the funds, which is broken down into one payment. Taking out a multi-month loan means you can spread payments across periods up to 6 months.

What sort of interest rates are available with CashASAP?

The APR for CashASAP loans varies depending on the type of loan you choose (payday loan or multi-month loan), how much you borrow and the frequency at which you are paid by your employer.

For example, if you elect to take out a payday loan, borrow £200 and are paid monthly on the last working day of the month then the APR might be 1,182%. However, if you are paid fortnightly the APR for the same £200 could be 1,259%.

So rather than us try and provide an APR for every scenario, it is probably better to get a personalised quote using the calculator found on the CashASAP website.

How do you apply for a CashASAP loan?

Basic requirements needed to apply for a CashASAP loan are:

  • You must be 18 years old or over
  • Working part or full-time
  • Have a UK bank account and associated Visa debit card
  • Be a full UK resident

The application process begins by completing the online form and you will then be asked to supply more details about your income and expenditure, as well as your credit history.

Are there any late payment fees?

CashASAP may charge you an extra £10 for a late payment.

They also advise you to get in touch with the customer service team if you are experiencing financial difficulties.

At their discretion, CashASAP may allow you to ‘rollover’ the loan. While this will extend the loan period and give you more time to pay, it will also increase the amount of interest also outstanding.

Can you repay the loan early?

CashASAP give you the option to repay some or all of the loan early via your online account or via bank transfer. They state there are no additional fees or charges applied for the early repayment of a loan.

How soon will CashASAP transfer the money?

No exact time frame is mentioned by CashASAP on their website. They do state that funds will be transferred as soon as possible and in most cases this tends to be immediately.

Are CashASAP authorised and regulated by the Financial Conduct Authority?

CashASAP are operated by APFIN Ltd and have been authorised and regulated by the FCA since 9/2/16, which you can find further details of on their FCA register page.

What is the best way to contact customer services?

Customers can call 0800 488 0905 between 9am and 5pm Monday to Friday.

Alternatively you can email info@cashasap.co.uk.

Are CashASAP on social media?

Twitter: @cashasapUK

Can customers use an app or online account?

No CashASAP app is currently available, but if your application for a loan is successful you will be given a log-in for an online account where you can manage your repayments.

What are other customers saying about CashASAP?

CashASAP have an ‘Excellent’ rating of 4.4/5 on Trustpilot, which is based on 2,863 reviews as of November 2023.

CashASAP summary

CashASAP are a direct lender offering access to payday and multi-month loans for customers who may struggle to secure credit elsewhere.

Payday loans (Representative APR 1321.8%) between £200 and £300 are available, which can be repaid anywhere up to 35 days in a single instalment. Multi-month loans (Representative APR 1269.8%) loans extend the maximum loan value up to £300, which is spread across three monthly instalments.

To apply for a CashASAP loan the company ask that you are:

  • At least 18 years old
  • In part or full-time work
  • The owner of a UK bank account and linked Visa debit card
  • A UK resident

Loans can be repaid early without additional charge and you can also ‘rollover’ the loan to extend the terms, although this will increase the level of interest added to the outstanding amount.

Funds are transferred as soon as possible, although no specific time frame is mentioned. CashASAP are authorised and regulated by the FCA and customer reviews on Trustpilot show an ‘Excellent’ rating of 4.4/5.

Get my personalised quote

CashLady Representative 79.5% APR

CashLady Representative 79.5% APR

Representative Example

Amount of credit:
£1000 for 12 months
at £123.40 per month
Total amount repayable of £1,480.77
Interest: £480.77
Interest rate: 79.5% pa (fixed)
79.5% APR Representative

Warning: Late repayment can cause you serious money problems.
For help, go to moneyhelper.org.uk


Get your personalised quote today!

How much do you want to borrow? Representative 79.5% APR

CashLady Representative 79.5% APR